Turkey’s unemployment rate fell to 14.1 percent

Turkey’s unemployment rate fell to 14.1 percent in the February-April 2019 period from 10.1 percent in the same period of the previous year.

The number of unemployed people rose by 1.334 million from a year ago to 4.544 million while employment dropped by 704 thousand to 27.795 million. Unemployment Rate in Turkey averaged 10.19 percent from 2005 until 2019, reaching an all time high of 14.80 percent in February of 2009 and a record low of 7.30 percent in June of 2012.

Turkey’s unemployment rate fell to 14.1 percent in the February-April 2019 period from 10.1 percent in the same period of the previous year. 

The number of unemployed people rose by 1.334 million from a year ago to 4.544 million while employment dropped by 704 thousand to 27.795 million. 

The number of unemployed people went up by 1.334 million from a year earlier to 4.544 million in the three months to April, while employment declined by 704 thousand to 27.795 million. 

The non-farm sector lost 464 thousand jobs and the farm sector lost 240 thousand. Meantime, the number of people detached from the labour force advanced by 83 thousand to 28.838 million. The labour force participation rate increased to 53.3 from 53 while the employment rate decreased to 46 percent from 47.7 percent. 

The non-agricultural jobless rate increased to 16.1 percent in the February-April period from 11.9 percent in the corresponding period of 2018. 

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, jumped to 25.2 percentfrom 17.7 percent a year earlier.

On a seasonally adjusted basis, the jobless rate rose to 13.7 percent in March from 13.6 percent in February.